Michel Juvet to become a Partner in Bordier & Cie
Bordier & Cie’s Partners have announced the appointment of Michel Juvet as a jointly and severally liable Partner with effect from 1 January 2012.
Juvet, 51, joined the Bordier & Cie group in 1984. He was appointed to the Management Committee in 1998. The bank recognised him as “a natural innovator”, starting as analyst in the Asian and Japanese markets before driving the creation of Bordier & Cie funds in Luxembourg. He reorganised the Research department in 1995, and has been its Director ever since.
Grégoire Bordier, one of Bordier & Cie’s Partners, said the appointment of Juvet was a unanimous decision among existing partners. “Michel has made a huge contribution to developing Bordier & Cie and enhancing its reputation. This appointment is a fitting reward for his exemplary career and human values…At the same time, Michel has maintained an innovative and critical mind and down-to-earth Swiss common sense.”
By appointing Juvet as a jointly and severally liable Partner, Bordier & Cie feels it is securing the quality and independence of its research function and bolstering the management team, responsible for setting strategic direction and generating innovative ideas for the group.
Founded in Geneva in 1844, Bordier & Cie is one of the oldest private banks in Switzerland. The group manages assets worth around SWF9.5 bn and employs over 200 people in its Geneva headquarters. It also has offices in Switerzland (Berne, Nyon and Zurich) and Montevideo, banks in Singapore and in the Turks & Caicos islands, and financial companies in Paris and London.